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You may reprint or publish this article free of charge as long as the bylines are included. Original URL (The Web version of the article) ------------------ http://www.defendingthenet.com/newsletters/CheckYourCreditReportR egularly.htm Title ------------------ Check Your Credit Report Regularly Identity Theft & Your Credit Report ------------------ Identity theft is a type of fraud in which financial information is illegally obtained for the purpose of making unauthorized purchases and transactions with
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If you've ever applied for a loan or credit card, chances are your lender acquired and examined a copy of your credit report before deciding whether or not to grant you credit. Your "Credit Report" is a record of your credit history and it's prepared by agencies called "Credit Bureaus", or "Consumer Reporting Agencies." These are private organizations
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The majority of the population is not in a position to pay cash for home and automobiles. Hence, when making a large purchase, most people must take advantage of financing options. Financing, or obtaining credit, makes it possible to comfortably afford a home, automobile, etc. However, financing does come with limitations. If you have good credit, your finance options
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Each consumer with credit history should obtain a copy of their report annually. The cost of credit reports vary. If obtaining a copy from the credit bureaus, consumers may pay per bureau. However, some online credit agencies advertise low cost credit reports. Rather than paying for a credit report, consider obtaining a free
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Many consumers understand the value of regularly monitoring their credit reports. Identity theft affects millions annually. Furthermore, credit report errors can result in credit card or loan denials. Sadly, many people do not take the necessary precautions to safeguard their credit. There are many ways to protect our credit. To begin, you should make a habit of checking your report
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You can get an annual free credit report from any of the three major credit bureaus. If you have ever had credit, then there is a report on your borrowing and repaying at one of these bureaus - maybe all three. The Fair Credit Reporting Act is a law saying that every person is entitled to receive one
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